$NIO Inc.(NIO)$ I've accumulated enough of NIO and have been adding Xpeng positions. Market Cap of 8B (NIO) vs 18B (Xpeng) vs 28B (Li Auto), does not make sense. NIO should be at least 20B market cap for what it has accomplished to date.
Image
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Management needs to cut spending to at least 50% in order to grow but they're just cutting down 20% which I think is not enough.
Do the math and you will know.
đ đ đ
đ đ đ
đĽ đĽ đĽ